The recent study discovered that Lewes foreclosures and other towns in the Sussex county region are facing constant fall down in foreclosure activity. The Delaware foreclosures activity noticed a remarkable downfall of 16 percent in March, whereas in June, the activity was down by 18 percent.
In March, the Delaware state was reported 192 foreclosed properties with filings, where as in June the number increased to 214. The Delaware foreclosure activity total is still high than what was seen in the months of March and June in 2007. The main reasons being the poor unemployment rate, inadequate economical measures, and unawareness of the general public about this prevailing condition.
In the month of June, the properties in Sussex County were rated as the third highest in state’s foreclosure activity with only 15 properties with foreclosure filings. Previous to this, in March, Sussex was at the second place with 37 foreclosed properties.
In June itself, the Sussex County was again rated as the third highest county in the state with the top foreclosure rate with one in every 7,441 foreclosed houses for sale receiving a filing. Prior to this, in March Sussex County was at the second spot with one in every 3,017 foreclosed homes for sale receiving a filing.
The Lewes foreclosures, along with other regions in Delaware, were regarded as a minor contributor in March and June to the nation’s total foreclosure activity. In March, the state accounted for less than one percent of the 234,685 foreclosed properties with filing across the country. In June also, the state had a share of less than one percent of the 252,363 foreclosed properties filings.
Due to the continuous slow down of home appreciation prices, the homeowners are trying to find out a way to get away from the whole foreclosure scene prevailing in the Delaware State.
In March, the Delaware state was reported 192 foreclosed properties with filings, where as in June the number increased to 214. The Delaware foreclosure activity total is still high than what was seen in the months of March and June in 2007. The main reasons being the poor unemployment rate, inadequate economical measures, and unawareness of the general public about this prevailing condition.
In the month of June, the properties in Sussex County were rated as the third highest in state’s foreclosure activity with only 15 properties with foreclosure filings. Previous to this, in March, Sussex was at the second place with 37 foreclosed properties.
In June itself, the Sussex County was again rated as the third highest county in the state with the top foreclosure rate with one in every 7,441 foreclosed houses for sale receiving a filing. Prior to this, in March Sussex County was at the second spot with one in every 3,017 foreclosed homes for sale receiving a filing.
The Lewes foreclosures, along with other regions in Delaware, were regarded as a minor contributor in March and June to the nation’s total foreclosure activity. In March, the state accounted for less than one percent of the 234,685 foreclosed properties with filing across the country. In June also, the state had a share of less than one percent of the 252,363 foreclosed properties filings.
Due to the continuous slow down of home appreciation prices, the homeowners are trying to find out a way to get away from the whole foreclosure scene prevailing in the Delaware State.
No comments:
Post a Comment